American Century Companies Inc. Boosts Stake in AutoNation

Investment firm increases holdings in auto retailer by 329.7% in Q3

Mar. 11, 2026 at 7:09am

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American Century Companies Inc. significantly increased its stake in AutoNation, Inc. (NYSE:AN) during the third quarter, according to a recent SEC filing. The institutional investor now owns 82,094 shares of the auto retailer's stock, up from 19,106 shares held previously, representing a 329.7% increase in its position.

Why it matters

This move by American Century Companies suggests increased confidence in AutoNation's business outlook and growth potential. As one of the largest institutional investors in the company, American Century's portfolio allocation decisions can provide insights into the stock's future performance.

The details

American Century Companies Inc. raised its holdings in AutoNation by purchasing an additional 62,988 shares during the third quarter. This brought the firm's total stake in the company to 82,094 shares, worth approximately $17.96 million as of the most recent SEC filing.

  • The increase in American Century's AutoNation holdings occurred during the third quarter of the year.

The players

American Century Companies Inc.

An investment management firm that oversees over $200 billion in assets under management.

AutoNation, Inc.

The largest automotive retailer in the United States, operating a network of franchised new vehicle dealerships, pre-owned vehicle superstores, and collision-repair centers.

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The takeaway

American Century's substantial increase in its AutoNation holdings suggests the firm sees strong growth potential in the auto retailer's business. This vote of confidence from a major institutional investor could signal positive things to come for AutoNation's stock performance.